ETF overview
AIPI targets companies at the forefront of Artificial Intelligence (AI) technologies in sectors such as AI hardware, software, enabling infrastructure, and services. Companies are classified into Purity Leaders and Key Enablers in the AI space, with a 40% and 60% allocation respectively. The fund primarily invests in US-based AI technology companies, holding 25 stock positions for potential NAV growth while capping gains. It employs a covered call strategy, writing slightly out-of-the-money options on individual securities to boost income from higher premiums, partially offsetting price declines and limiting upside potential. Specifically, it sells standardized exchange-traded and FLEX call option contracts linked to underlying security returns. Managed actively, AIPI focuses on stock selection and option writing tailored to prevailing market conditions. The strategy aims to cushion against market declines and manage price volatility, blending capital appreciation and current income.
Fund facts
- Expense ratio
- 0.65%
- Fund assets
- 486.04M USD (all share classes)
- Issuer
- Rexshares
- Inception date
- Jun 4, 2024
- Number of holdings
- 89
Breakdown
Holdings (89)
| Name | Ticker | Weight |
|---|---|---|
| PALANTIR TECHNOLOGIES INC. CLASS A | PLTR | 11.02% |
| NVIDIA CORP | NVDA | 9.63% |
| Taiwan Semiconductor Manufacturing Co. Ltd. Sponsored ADR | TSM | 7.51% |
| MARVELL TECHNOLOGY GROUP LTD MRVL | MRVL | 7.02% |
| SEAGATE TECHNOLOGY-ORDINARY SHARES | STX | 3.59% |
| SERVICENOW INC | NOW | 3.44% |
| International Business Machines Corporation | IBM | 3.27% |
| SALESFORCE.COM INC | CRM | 3.27% |
| MICROSOFT CORP | MSFT | 3.24% |
| APPLE INC | AAPL | 3.19% |
| and 76 more | ||
Similar ETFs
- YieldMax AI & Tech Portfolio Option Income ETFGPTY · Overlap 57% · Expense ratio 1.06%
- CI Tech Giants Covered Call ETF Common UnitsTXF.TO · Overlap 61% · Expense ratio 0.71%
- REX Tech Innovation Premium Income UCITS ETF USDFEPI.L · Overlap 59% · Expense ratio 0.65%
- Global X - Nasdaq 100 Covered Call ETFQYLD · Overlap 45% · Expense ratio 0.60%
- Global X Nasdaq 100 Covered Call & Growth ETFQYLG · Overlap 44% · Expense ratio 0.35%
- NEOS Boosted Nasdaq-100 High Income ETFXQQI · Overlap 44% · Expense ratio 0.98%
- Goldman Sachs Nasdaq-100 Premium Income ETFGPIQ · Overlap 44% · Expense ratio 0.35%
- NEOS Nasdaq-100 High Income ETFQQQI · Overlap 43% · Expense ratio 0.68%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.65%
- Fund assets
- 486.04M USD (all share classes)
- Issuer
- Rexshares
- Inception date
- Jun 4, 2024
- Number of holdings
- 89
| Name | Ticker | Weight |
|---|---|---|
| PALANTIR TECHNOLOGIES INC. CLASS A | PLTR | 11.02% |
| NVIDIA CORP | NVDA | 9.63% |
| Taiwan Semiconductor Manufacturing Co. Ltd. Sponsored ADR | TSM | 7.51% |
| MARVELL TECHNOLOGY GROUP LTD MRVL | MRVL | 7.02% |
| SEAGATE TECHNOLOGY-ORDINARY SHARES | STX | 3.59% |
| SERVICENOW INC | NOW | 3.44% |
| International Business Machines Corporation | IBM | 3.27% |
| SALESFORCE.COM INC | CRM | 3.27% |
| MICROSOFT CORP | MSFT | 3.24% |
| APPLE INC | AAPL | 3.19% |
| and 76 more | ||
AIPI targets companies at the forefront of Artificial Intelligence (AI) technologies in sectors such as AI hardware, software, enabling infrastructure, and services. Companies are classified into Purity Leaders and Key Enablers in the AI space, with a 40% and 60% allocation respectively. The fund primarily invests in US-based AI technology companies, holding 25 stock positions for potential NAV growth while capping gains. It employs a covered call strategy, writing slightly out-of-the-money options on individual securities to boost income from higher premiums, partially offsetting price declines and limiting upside potential. Specifically, it sells standardized exchange-traded and FLEX call option contracts linked to underlying security returns. Managed actively, AIPI focuses on stock selection and option writing tailored to prevailing market conditions. The strategy aims to cushion against market declines and manage price volatility, blending capital appreciation and current income.
- YieldMax AI & Tech Portfolio Option Income ETFGPTY · Overlap 57% · Expense ratio 1.06%
- CI Tech Giants Covered Call ETF Common UnitsTXF.TO · Overlap 61% · Expense ratio 0.71%
- REX Tech Innovation Premium Income UCITS ETF USDFEPI.L · Overlap 59% · Expense ratio 0.65%
- Global X - Nasdaq 100 Covered Call ETFQYLD · Overlap 45% · Expense ratio 0.60%
- Global X Nasdaq 100 Covered Call & Growth ETFQYLG · Overlap 44% · Expense ratio 0.35%
- NEOS Boosted Nasdaq-100 High Income ETFXQQI · Overlap 44% · Expense ratio 0.98%
- Goldman Sachs Nasdaq-100 Premium Income ETFGPIQ · Overlap 44% · Expense ratio 0.35%
- NEOS Nasdaq-100 High Income ETFQQQI · Overlap 43% · Expense ratio 0.68%
Overlap is the share of assets the two funds hold in common.
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